Invesco QQQ Trust (QQQ) are all higher just before 12:30 PM EST.
The key benchmarks weren’t the only indexes to reach new all-time levels. The small-cap heavy Russell 2000 popped 1.8% to score another record high, after adding 7.7% last week for its most successful weekly performance since June. The Russell 2000 has rocketed 15% so far this year, helping to boost ETFs like the
Optimism from New Treasury Secretary Janet Yellen
Investors are invigorated by news that Treasury Secretary Janet Yellen asked Congress to pass President Biden’s stimulus plan this weekend, suggesting that the results of the bill could include the U.S. gaining full employment by next year.
Dividends for Days: Breaking Down the Vanguard VIG ETF February 8, 2021
Dividend-paying stocks are coming back into style after some turbulence last year, meaning cost-conscious investors may want to revisit a familiar friend in the
VIG seeks to track the performance of a benchmark index that measures the investment return of common stocks of companies that have a record of increasing dividends over time. The fund employs an indexing investment approach designed to track the performance of the Nasdaq US Dividend Achievers Select Index, which consists of common stocks of companies that have a record of increasing dividends over time.
The requirement for entry into VIG’s underlying index is for companies to meet a minimum dividend increase streak of 10 years.
Capture Top Performance with These 3 Global X ETFs February 8, 2021
Funds related to cannabis and the thematic growth industry saw strong returns over the past week for ETF provider Global X. One more fund that also seeing a strong 1-week performance was related to metals, but not silver or gold.
Here are the three funds from Global X that saw the best performances over the past week.
At the top of the heap was the
Global X Cannabis ETF (POTX), which was up over 26%. POTX seeks to provide investment results that correspond generally to the price and yield performance of the Cannabis Index.
Need More Downside Protection? Go with Active Management
One of the most elusive combinations in investing is robust upside capture coupled with adequate downside protection.
Investors have had to adapt to this new lower-for-longer rate environment by turning to cash, structured products, and gold as safe-haven plays. On the other hand, investors have also become more aggressive, raised stock allocations, chased momentum technology winners, turned to speculative-grade bonds, and bought speculative bets like crypto in search of higher returns.
However, recent equity market bullishness doesn’t erase the need for downside protection. Active management can be the best avenue for investors seeking that buffer.